Month: August 2017

There were quite a few developments in the airline industry that grabbed headlines last week. However, the havoc wreaked by Tropical Storm Harvey in Houston, overshadowed everything as operations of key airline participants like United Continental Holdings UAL — as it relies extensively on its hub at Houston — were adversely impacted. The Harvey havoc apart, major U.S.-based carriers like Delta Air Lines DAL and American Airlines Group AAL were laid low following the announcement of Iceland-based low-cost carrier WOW Air to expand into four U.S […]

On Aug 29, we issued an updated research report on Sunnyvale-based Intuitive Surgical Inc. ISRG – manufacturer of the da Vinci surgical system (an advanced robot-assisted surgical system) and related instruments and accessories. The company currently carries a Zacks Rank #3 (Hold). […]

Shares of Agilent Technologies A hit a new 52-week high of $63.63 on Aug 29, before closing a tad lower at $63.02. The company’s shares have charted a solid trajectory in recent times, increasing 39.4% year to datecompared with the industry ’s gain of 32.3%. […]

The popularity of value investing is on the rise. The success of billionaire value investors like Warren Buffett further underscores the fact. […]

Recently, Amazon.com Inc. ’s AMZN film production division, Amazon Studios, scheduled the premiere of its original series, Lore,on Oct 13. Amazon Studios has a host of original series lined up for release this year and in 2018 […]

Innophos Holdings, Inc. IPHS has been performing well of late. […]

Shiloh Industries Inc. SHLO reported impressive results for third-quarter fiscal 2017 (ended Jul 31, 2017) compared with the year-ago quarter. Adjusted earnings of 7 cents per share came in above the year-ago tally of 3 cents. […]

Advanced Accelerator Applications S.A. AAAP announced that the FDA has accepted and considered complete the resubmission of the New Drug Application (NDA) for its investigational drug lutetium Lu 177 dotatate (Lutathera). The FDA has set an action date of Jan 26, 2018. […]

LyondellBasell LYB said that Shandong Shougang Luqing Co., Ltd, has chosen its industry-leading Hostalen Advanced Cascade Process (ACP) polyethylene technology for a 350 KTA high density polyethylene (HDPE) unit to be constructed in the latter’s petrochemical complex, at Bohai Industry Park, Shouguang, Shandong Province, China. This technology is known for increasing the flexibility and versatility in multimodal HDPE resins production compared to other HDPE technologies. These multi-modal HDPE resins have higher toughness balance and impact resistance […]

Novo Nordisk A/S NVO announced that the Canadian regulatory authority has approved its basal insulin, Tresiba, for the once-daily treatment of adults with diabetes mellitus to improve glycemic control. Notably, Tresiba is expected to be launched in the Canadian market in October. Tresiba is already marketed in many countries including the United States and EU. […]

Innophos Holdings, Inc. IPHS has closed the earlier announced acquisition of Novel Ingredients for $125 million in cash. The deal was funded with borrowings under the company’s existing credit facility […]

The Medicines Company MDCO along with partner Alnylam Pharmaceuticals, Inc. ALNY announced new one-year safety and efficacy data from the ongoing ORION-1 phase II study, evaluating pipeline candidate, Inclisiran (PCSK9 Inhibitor), for the treatment of hypercholesterolemia. […]

Biotech giant Gilead Sciences, Inc. GILD announced that it will buy Kite Pharma, Inc. […]